Teri Adler & Christine Lawrence Sell 1 Acre Residential Property In Wellesley, MA For $2.8M
2 Buckingham Terrace, Wellesley, Massachusetts 02482, United States
$2,800,000
Building Size
—
Asset Type
Co-Op
Closing
Feb 27, 2022
AI
Located in Wellesley, MA, the residential property at 2 Buckingham Terrace has recently been sold for $2,800,000. Spanning an area of approximately 1 acre, this property offers ample space for relaxation and privacy. The transaction was finalized on February 28, 2022.
Summary of Transaction Details
- Property Type: Residential
- Transaction Amount: $2,800,000
- Address: 2 Buckingham Terrace, Wellesley, MA
- Market: Wellesley, MA
- Property Size: Approximately 1 acre
Representing the buyer as their trusted agent was Christine Lawrence from Rutledge Properties. On the other side of the deal, Teri Adler acted as the seller's representative for MGS Group Real Estate LTD. Their expertise and dedication contributed to the successful completion of the transaction.
Players
Wellesley Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93